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the economy's growing instead of contracting. in the first quarter of 2009, the gdp contracted and grew 3.1% when measured last. now, though it remains where it was before the great recession, consumer confidence has nearly doubled and a larger percentage of americans, 41% according to our last poll, believe the country's heading in the right direction, up 26% in january 2009. on the other hand, there's other data to support the idea that the country is not much better off and that the struggling economy is taking a toll on families. median household income, lower than it was in 2009. 46% millions live below the poverty line. more than four years ago. the federal public debt has increased from $10.6 trillion in january 2009 to $16.4 trillion now. there's the big number same as four years ago. the unemployment rate of 7.8%, though it's down from a high of 10% in october 2009. other figures of the last four years. number of u.s. troops in iraq, dropped from nearly 140,000 to 200. as the president fulfilled the promise to end that w
the economy's growing instead of contracting. in the first quarter of 2009, the gdp contracted and grew 3.1% when measured last. now, though it remains where it was before the great recession, consumer confidence has nearly doubled and a larger percentage of americans, 41% according to our last poll, believe the country's heading in the right direction, up 26% in january 2009. on the other hand, there's other data to support the idea that the country is not much better off and that the...
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Jan 18, 2013
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for the second month in a row, though, the president is right side up in terms of his handling of the economy. about equal but doing a little better. meanwhile meanwhile, 14% of americans approve of congress. 49% hold a negative view of the republican party. that's the lowest the gop has been since 2008. 38% view the democratic party negatively. and take note, everybody. monday the "morning joe" crew will be in d.c. on capitol hill. special coverage of president obama's inauguration. everything will kick off here at 5:30 a.m. eastern time monday with a special edition of "way too early." >>> as always, you can let us know why you're awake right now. shoot us an e-mail at waytooearly@msnbc.com. or you can tweet m me @markhalperin. >>> still ahead, the hoax heard around the sport world. manti te'o exercises his right to remain silent, but there are new details coming up from his past interviews that are being made public. the question is, who was the real victim of the deception? was it te'o or the fans? >>> plus, stephen colbert weighs in on the president's backdrop when announces new gun prop
for the second month in a row, though, the president is right side up in terms of his handling of the economy. about equal but doing a little better. meanwhile meanwhile, 14% of americans approve of congress. 49% hold a negative view of the republican party. that's the lowest the gop has been since 2008. 38% view the democratic party negatively. and take note, everybody. monday the "morning joe" crew will be in d.c. on capitol hill. special coverage of president obama's inauguration....
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Jan 18, 2013
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-- the slow economy and d.c. politics are making the public less confident and pessimistic about the future of the country so here's the breakdown of the numbers. the president remains strong politically. his job approval at 52%. a higher rating than he's had through most of his first term but while the public likes the president personally, a full 74% of respondents told us they like president obama, americans are split on the policy goals. 49% disapprove of his policies, 47% approve. the president gets the best marks for being easygoing and likable, having the ability to handle a crisis and understanding average people but low marks on changing business as usual in washington and working effectively with congress and sharing their position on the issues. now looking at the future, 43% optimistic about the next four years. 35% pessimistic and 22% feel mix. the survey has people to describe where america is headed in a short word or phrase. just a third used positive words like improving and right direction. near
-- the slow economy and d.c. politics are making the public less confident and pessimistic about the future of the country so here's the breakdown of the numbers. the president remains strong politically. his job approval at 52%. a higher rating than he's had through most of his first term but while the public likes the president personally, a full 74% of respondents told us they like president obama, americans are split on the policy goals. 49% disapprove of his policies, 47% approve. the...
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Jan 18, 2013
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>> well, those are going to be on the agenda, but the economy and getting a growth agenda going is clearly what's going to be most important across the board for americans. but he's got some wind at his back. because the republicans know that number one, immigration is an issue they can't ignore and vilify anymore, they've got to deal with it, guns is another one. they're mired in a tactic on plunging this country into default and starting to come to their senses and realize this debt ceiling is a tactic that is really turning its head against them not against the president. so i think that you're always going to see the president making the effort to reach out. and spending, he's actually done that already. and that's where he's going to have to work with democrats as well as republicans. >> well, you supported both abolishing the debt limit and having the president use the 14th amendment. i'm wondering how you see the debt ceiling play out. >> well, i'm seeing the republicans starting to cave on that. they're hearing from the -- the president has made it clear he's not going to play that
>> well, those are going to be on the agenda, but the economy and getting a growth agenda going is clearly what's going to be most important across the board for americans. but he's got some wind at his back. because the republicans know that number one, immigration is an issue they can't ignore and vilify anymore, they've got to deal with it, guns is another one. they're mired in a tactic on plunging this country into default and starting to come to their senses and realize this debt...
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Jan 19, 2013
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. >>> and a sign of the economy some atm machines will dispense something different in the near future. i guarantee you, though, it's still money. >>> good morning, everyone. welcome to "weekends with alex witt." ahead of the president's second inaugural, more in a moment. first what's happening out there. developing news from algeria. a twist. one confirm apgs of a dead american. the standoff in its fourth dap at the plant near the border with libya. military attempts to free the captive left that one american dead amoung an unknown number of others. five americans worked at that complex. two confirmed having escaped, two more held. algerian state tv said earlier, they helped release hundreds of other hostages. joining us like from the white house, kristen welker. good saturday morning to you. the latest reaction from the administration on the hostagetaking. >> reporter: good morning. welcome to washington. the administration obviously deeply concerned about the hostagetaking. i it tell you the secretary of state, the president, have been in contact with leaders in the region since th
. >>> and a sign of the economy some atm machines will dispense something different in the near future. i guarantee you, though, it's still money. >>> good morning, everyone. welcome to "weekends with alex witt." ahead of the president's second inaugural, more in a moment. first what's happening out there. developing news from algeria. a twist. one confirm apgs of a dead american. the standoff in its fourth dap at the plant near the border with libya. military...
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Jan 17, 2013
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the economy is growing. instead of contracting. in the first quarter of 2009, the gdp contracted 5.3%. it grew 3.1% when the last time it was officially measured. though remains below where it was before the great recession, consumer confidence has nearly doubled. and a larger percentage of americans, 41%, according to our last poll, believe the country is headed in the right direction, up from 26% in january, 2009. on the other hand, there is plenty of data to support the idea that the drink country is not better off than it was four years ago. and that the struggling economy continues to take a toll on families. median household income is lower than it was in 2009. and 46 million americans live below the poverty line. several million more than four years ago. the federal public debt has increased from 10.6 trillion in january 2009 to 16.4 trillion now. then there's the big number that's exactly the same as it was four years ago. the unemployment rate. 7.8%. though it's down from, of course, a high of 10% in october of 2009. few o
the economy is growing. instead of contracting. in the first quarter of 2009, the gdp contracted 5.3%. it grew 3.1% when the last time it was officially measured. though remains below where it was before the great recession, consumer confidence has nearly doubled. and a larger percentage of americans, 41%, according to our last poll, believe the country is headed in the right direction, up from 26% in january, 2009. on the other hand, there is plenty of data to support the idea that the drink...
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Jan 13, 2013
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road and track called sentra an economy car minus the look and feel of an economy car. wonder how civic and corolla look and feel about that. the all-new nissan sentra, with best-in-class mpg. lease for $169 per month. visit choosenissan.com. >>> a motorcycle racer pushes the limit, and gets dragged hundreds of yards by a runaway bike. it's june 28th, 1998, legendary show stopper ron cook is to break the land speed record at murak testify in california video grapher mark brazzo is at the starting loon, there to catch what they thinks will be another history-making days for ron cook. he's smashed several records and rarely disappoints. >> i'm seen ron race before. he's very fast on a bike. his book is 200 miles an hour. kawasaki has a nitrous bottle on it. this thing is a market. >> mark watches as ron shoots down the path. it's only later he learns what happens next. ron moves up to fourth gear and hits the nitrous boost button. he's blasting at 175 miles per hour when his front wheel begins to wobble. ron struggles to regain control, but it's a losing battle. he makes
road and track called sentra an economy car minus the look and feel of an economy car. wonder how civic and corolla look and feel about that. the all-new nissan sentra, with best-in-class mpg. lease for $169 per month. visit choosenissan.com. >>> a motorcycle racer pushes the limit, and gets dragged hundreds of yards by a runaway bike. it's june 28th, 1998, legendary show stopper ron cook is to break the land speed record at murak testify in california video grapher mark brazzo is at...
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Jan 18, 2013
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the economy has stunk for the better part of five years. >> i'm an optimist. to prove it i'll go out right after the show and buy a new pair of sneakers right now today because of that. just because of what you said. >> chucks. >> the problem is this set is like a super fund site, just like toxic around here. >> oh, brian. thanks very much. >> good luck, everybody. >> thanks. >> looking ahead to monday morning, "morning joe" and "way too early" both live from the dubliner in washington, d.c. for the president's inauguration. come join us live starting at 5:30 a.m. morning papers up next. [ man ] i've been out there most of my life. you name it...i've hooked it. but there's one... one that's always eluded me. thought i had it in the blizzard of '93. ha! never even came close. sometimes, i actually think it's mocking me. [ engine revs ] what?! quattro!!!!! ♪ this reduced sodium soup says it may help lower cholesterol, how does it work? you just have to eat it as part of your heart healthy diet. step 1. eat the soup. all those veggies and beans, that's what may
the economy has stunk for the better part of five years. >> i'm an optimist. to prove it i'll go out right after the show and buy a new pair of sneakers right now today because of that. just because of what you said. >> chucks. >> the problem is this set is like a super fund site, just like toxic around here. >> oh, brian. thanks very much. >> good luck, everybody. >> thanks. >> looking ahead to monday morning, "morning joe" and "way too...
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Jan 15, 2013
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economy as a whole. >> well, i think it would be clearly a very significant impact. the important thing i think about this discussion is when we're looking at it in a more holistic fashion, what are we going to do to reduce the budget deficits and also deal with the trade deficits, but even more importantly, what do we do to create an environment where businesses can grow and we can expand economic development? because this is still a very, very fragile expansion, though it is a expansion from probably the deepest recession we've ever been in wince the depression. a lot of pent-up demand, so i think this debate is centered on the right thing, what do we do to create an environment where businesses can grow. >> if we need and if republicans argue that what needs to be done is to cut the deficit, they need to perhaps go into default, are you okay with that? ivities illustrates well again i think we need to look at that time it through the lens of economy development. anything to slow this expansion down would have very, very serious consequences to all of us. >> let me
economy as a whole. >> well, i think it would be clearly a very significant impact. the important thing i think about this discussion is when we're looking at it in a more holistic fashion, what are we going to do to reduce the budget deficits and also deal with the trade deficits, but even more importantly, what do we do to create an environment where businesses can grow and we can expand economic development? because this is still a very, very fragile expansion, though it is a expansion...
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Jan 14, 2013
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road and track called sentra an economy car minus the look and feel of an economy car. wonder how civic and corolla look and feel about that. the all-new nissan sentra, with best-in-class mpg. lease for $169 per month. visit choosenissan.com. at legalzoom, we've created a better place to handle your legal needs. maybe you have questions about incorporating a business you'd like to start. or questions about protecting your family with a will or living trust. and you'd like to find the right attorney to help guide you along, answer any questions and offer advice. with an "a" rating from the better business bureau legalzoom helps you get personalized and affordable legal protection. in most states, a legal plan attorney is available with every personalized document to answer any questions. get started at legalzoom.com today. and now you're protected. >>> the president is starting off the new year ready to fight. now, he's taking on republicans who are threatening to let the government default on his loans. the president's message to republicans at a news conference today w
road and track called sentra an economy car minus the look and feel of an economy car. wonder how civic and corolla look and feel about that. the all-new nissan sentra, with best-in-class mpg. lease for $169 per month. visit choosenissan.com. at legalzoom, we've created a better place to handle your legal needs. maybe you have questions about incorporating a business you'd like to start. or questions about protecting your family with a will or living trust. and you'd like to find the right...
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Jan 16, 2013
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that's a direct threat and the hostage is the entire economy. we will default and if we default, we will have a depression. a real depression and the interest rates will spike on every public and private loan. we will have a mass unemployment like now. now. i love the mafia analogies. keep it up. the sandy relief bill. this is not supposed to be politicized. 179 republicans in the house vote against it including people from louisiana, mississippi, alabama and gulf states y. did it become so politicize and have a hard time getting through? >> i don't know. maybe it's because it's the first time that we had disaster relief of a large amount since this congress got elected. certainly there was a list of something like 67 members and asked for and voted for and demanded the rein their states for natural disasters hit in the midwest and the gulf coast and so forth and refused to vote for it now. no rational answer to that. i like to believe it's not because they are prejudice against new york or the northeast. it's hard to reach such say conclusion.
that's a direct threat and the hostage is the entire economy. we will default and if we default, we will have a depression. a real depression and the interest rates will spike on every public and private loan. we will have a mass unemployment like now. now. i love the mafia analogies. keep it up. the sandy relief bill. this is not supposed to be politicized. 179 republicans in the house vote against it including people from louisiana, mississippi, alabama and gulf states y. did it become so...
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Jan 17, 2013
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in presidential politics, there are basically two issues, the economy and war. and if the nation's economy continues to improve, if we're able to get out of afghanistan the way the president got us out of iraq. this issue of gun violence is emerging very quickly. and i have no doubt that it could become one of the dominant issues in the midterm election and also in the general election. >> also making news this morning, a story that has left a lot of football fans, well, you don't even have to be a faj because you probably heart about left folks feeling duped. notre dame's linebacker, manti teo's girlfriend died back in september, at least that's what we thought but it turned out to be a hoax. nbc's john yang joins me now from south bend, indiana. and john, what are we hearing from manti teo himself. >> reporter: last night teo issued a statement in which he said that this whole thing was incredibly embarrassing. he said they developed an emotional relationship with a woman i met online. we maintained what i thought to be an authentic relationship by communicati
in presidential politics, there are basically two issues, the economy and war. and if the nation's economy continues to improve, if we're able to get out of afghanistan the way the president got us out of iraq. this issue of gun violence is emerging very quickly. and i have no doubt that it could become one of the dominant issues in the midterm election and also in the general election. >> also making news this morning, a story that has left a lot of football fans, well, you don't even...
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Jan 16, 2013
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rowe price, we understand the connections of a complex, global economy. it's just one reason over 75% of our mutual funds beat their 10-year lipper average. t. rowe price. invest with confidence. request a prospectus or summary prospectus with investment information, risks, fees and expenses to read and consider carefully before investing. what's good for the pot... is even better for the cup. new single serve cafe collections from maxwell house. now available for use in the keurig k-cup brewer. always good to the last drop. now available for use in the keurig k-cup brewer. meet the 5-passenger ford c-max hybrid. when you're carrying a lot of weight, c-max has a nice little trait, you see, c-max helps you load your freight, with its foot-activated lift gate. but that's not all you'll see, cause c-max also beats prius v, with better mpg. say hi to the all-new 47 combined mpg c-max hybrid. capella university understands bright students are getting lost in the shuffle. need. and administration's work gets more complex every year. when you look at these issue
rowe price, we understand the connections of a complex, global economy. it's just one reason over 75% of our mutual funds beat their 10-year lipper average. t. rowe price. invest with confidence. request a prospectus or summary prospectus with investment information, risks, fees and expenses to read and consider carefully before investing. what's good for the pot... is even better for the cup. new single serve cafe collections from maxwell house. now available for use in the keurig k-cup...
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and two, perhaps pushing wound after wound on the economy is really not what folks sent us here to do. >> and ryan, the funny thing about this, this can end up being perceived as some sort of republican cave when they never should have taken a party position against raising the debt ceiling in the first place. so that doing the rational thing could actually simply look rational when they chose to do it. >> right, exactly. they -- if they had never made a big deal about this to begin with then they wouldn't be in this situation. now, obama kind of aided and abetted them because he wanted it to be the debt ceiling leverage that he kind of wanted this grand bargain in 2011. that never happened. since then, he has been consistent saying i am not going to mess around with the debt ceiling anymore. and good for him on that, you're right. as newt gingrich said, wisely and moderately and reasonably, he said don't pick this fight because you're going to lose it. don't create a national crisis around this that will only wind up with you caving. so just do it quietly, early, the sooner you do it
and two, perhaps pushing wound after wound on the economy is really not what folks sent us here to do. >> and ryan, the funny thing about this, this can end up being perceived as some sort of republican cave when they never should have taken a party position against raising the debt ceiling in the first place. so that doing the rational thing could actually simply look rational when they chose to do it. >> right, exactly. they -- if they had never made a big deal about this to begin...
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Jan 16, 2013
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rowe price, we understand the connections of a complex, global economy. it's just one reason over 75% of our mutual funds beat their 10-year lipper average. t. rowe price. invest with confidence. request a prospectus or summary prospectus with investment information, risks, fees and expenses to read and consider carefully before investing. >>> i'm sue herrera with your cnbc market wrap. the dow fell 24 points today. the nasdaq glue seven points. >>> revenue came in ahead of what the street was looking for earnings at goldman sachs nearly tripled in the fourth quarter. >>> and consumer prices were unchanged in december thanks to falling gasoline prices. and the federal reserve says expanded just lightly. that's it from cnbc. we are first in business worldwide. now back to chris and "hardball." ♪ >>> welcome back to "hardball." the white house has come under a lot of criticism over the gender makeup of its political appointments. white men occupy many of the senior positions in the white house right now. so far the president has announced he'd filled thre
rowe price, we understand the connections of a complex, global economy. it's just one reason over 75% of our mutual funds beat their 10-year lipper average. t. rowe price. invest with confidence. request a prospectus or summary prospectus with investment information, risks, fees and expenses to read and consider carefully before investing. >>> i'm sue herrera with your cnbc market wrap. the dow fell 24 points today. the nasdaq glue seven points. >>> revenue came in ahead of...
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Jan 13, 2013
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they pushed the economy to the edge of the fiscal cliff and they threatened to make the u.s. go into default or shut down the government if they don't get policy concessions. they fiercely oppose potential picks for obama's cabinet from susan rice, of course, to people who withdrew to people who had strong gop support up until they were affiliated with president obama like chuck hagel and jack lew and republicans delayed 85% of the planned relief funding for hurricane sandy. that, of course, drew a strong rebuke from republican governor chris christie. this is not politics devoted to a competing vision. this is politics devoted to digs corruption and obstruction, and those recent fights i mentioned don't even include the explosion of minority obstruction in the u.s. senate. the filibuster has been used against more of obama's legislation than any president in history. the bottom line is that the gop is exploiting what i think is a hole in our democracy. can you lose elections and still get your way now if you don't care about responsibly governing. of course, it's hard to get
they pushed the economy to the edge of the fiscal cliff and they threatened to make the u.s. go into default or shut down the government if they don't get policy concessions. they fiercely oppose potential picks for obama's cabinet from susan rice, of course, to people who withdrew to people who had strong gop support up until they were affiliated with president obama like chuck hagel and jack lew and republicans delayed 85% of the planned relief funding for hurricane sandy. that, of course,...
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Jan 18, 2013
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rowe price, we understand the connections of a complex, global economy. it's just one reason over 75% of our mutual funds beat their 10-year lipper average. t. rowe price. invest with confidence. request a prospectus or summary prospectus with investment information, risks, fees and expenses to read and consider carefully before investing. it smells worse, and it can happen any time -- to anyone! like when i ran to catch the train to work and a draft blew my skirt up and everybody here saw my unmentionables. yeah, and they aren't even cute. hello, laundry day. no... stress sweat can happen to anyone, anytime -- and it smells worse than ordinary sweat. get 4x the protection against stress sweat. introducing new secret clinical strength stress response scent. ♪ introducing new secret clinical strength stress response scent. ♪ ♪ we're lucky, it's not every day you find a companion as loyal as a subaru. love. it's what makes a subaru, a subaru. five days later, i had a massive heart attack. bayer aspirin was the first thing the emts gave me. now, i'm on
rowe price, we understand the connections of a complex, global economy. it's just one reason over 75% of our mutual funds beat their 10-year lipper average. t. rowe price. invest with confidence. request a prospectus or summary prospectus with investment information, risks, fees and expenses to read and consider carefully before investing. it smells worse, and it can happen any time -- to anyone! like when i ran to catch the train to work and a draft blew my skirt up and everybody here saw my...
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Jan 16, 2013
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house or in the senate who broke ranks publicly and said actually, purposefully driving the american economy into a ditch to make a point that even we don't understand and that is against the constitution, that might not be a great idea. nobody broke ranks when the republicans did this in 2011. nobody on the republican side. but today on the republican side somebody did. today republican senator lisa murkowski of alaska broke ranks. she gave an interview to her hometown newspaper in alaska, she says she disagrees threatening the country with default. quote, murkowski is breaking rank, saying the country has a duty to assure it pays its bills. murkowski said not all of her colleagues in the senate will say it out loud, but she believes most agree that failing to raise the debt limit would harm perception of the country. quote, if you incur an obligation, you have a responsibility to pay for that, murkowski said. time is going the tell if lisa murkowski is the first republican to break ranks or if she is the only republican to break with republican leadership on this issue. but the fact that s
house or in the senate who broke ranks publicly and said actually, purposefully driving the american economy into a ditch to make a point that even we don't understand and that is against the constitution, that might not be a great idea. nobody broke ranks when the republicans did this in 2011. nobody on the republican side. but today on the republican side somebody did. today republican senator lisa murkowski of alaska broke ranks. she gave an interview to her hometown newspaper in alaska, she...
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Jan 18, 2013
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rowe price, we understand the connections of a complex, global economy. it's just one reason over 75% of our mutual funds beat their 10-year lipper average. t. rowe price. invest with confidence. request a prospectus or summary prospectus with investment information, risks, fees and expenses to read and consider carefully before investing. with investment information, risks, fees and expenses iimagine living your life withss less chronic low back pain.. imagine you with less pain. cymbalta can help. cymbalta is fda-approved to manage chronic musculoskeletal pain. one non-narcotic pill a day, every day, can help reduce this pain. tell your doctor right away if your mood worsens, you have unusual changes in mood or behavior or thoughts of suicide. antidepressants can increase these in children, teens, and young adults. cymbalta is not for children under 18. people taking maois, linezolid or thioridazine or with uncontrolled glaucoma should not take cymbalta. taking it with nsaid pain relievers, aspirin or blood thinners may increase bleeding risk. severe li
rowe price, we understand the connections of a complex, global economy. it's just one reason over 75% of our mutual funds beat their 10-year lipper average. t. rowe price. invest with confidence. request a prospectus or summary prospectus with investment information, risks, fees and expenses to read and consider carefully before investing. with investment information, risks, fees and expenses iimagine living your life withss less chronic low back pain.. imagine you with less pain. cymbalta can...
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Jan 21, 2013
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you can do it without tanking the economy. you have to be careful. >> can you hold hands with elizabeth warren? >> she is a great reader of biographies in history. >> book club. >> thank you. >>> you on this afternoon? >> theoretically: >> still ahead, look who is coming. this is exciting. >> former secretary of state colin powell. you are watching "morning joe" live on inauguration day in washington, d.c. we'll be right back. look, if you have copd like me you know it can be hard to breathe, and how that feels. copd includes chronic bronchitis and emphysema. spiriva helps control my copd symptoms by keeping my airways open for 24 hours. plus, it reduces copd flare-ups. spiriva is the only once-daily inhaled copd maintenance treatment that does both. spiriva handihaler tiotropium bromide inhalation powder does not replace fast-acting inhalers for sudden symptoms. tell your doctor if you have kidney problems, glaucoma, trouble urinating, or an enlarged prostate. these may worsen with spiriva. discuss all medicines you take, eve
you can do it without tanking the economy. you have to be careful. >> can you hold hands with elizabeth warren? >> she is a great reader of biographies in history. >> book club. >> thank you. >>> you on this afternoon? >> theoretically: >> still ahead, look who is coming. this is exciting. >> former secretary of state colin powell. you are watching "morning joe" live on inauguration day in washington, d.c. we'll be right back. look,...
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Jan 19, 2013
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the 2013 ram 1500 with best-in-class fuel economy. engineered to move heaven and earth. guts. glory. ram. the new ram 1500. motor trend's 2013 truck of the year. but with advair, i'm breathing better. so now i can be in the scene. advair is clinically proven to help significantly improve lung function. unlike most copd medications, advair contains both an anti-inflammatory and a long-acting bronchodilator working together to help improve your lung function all day. advair won't replace fast-acting inhalers for sudden symptoms and should not be used more than twice a day.
the 2013 ram 1500 with best-in-class fuel economy. engineered to move heaven and earth. guts. glory. ram. the new ram 1500. motor trend's 2013 truck of the year. but with advair, i'm breathing better. so now i can be in the scene. advair is clinically proven to help significantly improve lung function. unlike most copd medications, advair contains both an anti-inflammatory and a long-acting bronchodilator working together to help improve your lung function all day. advair won't replace...
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90
Jan 16, 2013
01/13
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. >> but they will not collect a ransom in exchange for not crashing the american economy. the financial well-being of the american people is not leverage to be used. the full faith and credit of the united states of america is not a bargaining chip. >> and that's yesterday's last press conference of the first presidential term. this morning, newt gingrich of all people reacted by saying the president was bullying republicans. that's a long way from saying he is weak. now he is a bully. let's watch. >> i don't think we should pick fights where we're in a position that we can't, in fact, in the end enforce our will, because we have no evidence that barack obama is going to compromise. i think this president is deliberately seeking confrontation. i think he is going out of his way to bully the house republicans. >> okay, okay. we'll see. sometimes winston churchill once said when people like newt just hung around in politics after they were defeated, he said we need fewer peerages and fewer disappearages. anyway, newt gingrich says the president is a bully. i would have a fin
. >> but they will not collect a ransom in exchange for not crashing the american economy. the financial well-being of the american people is not leverage to be used. the full faith and credit of the united states of america is not a bargaining chip. >> and that's yesterday's last press conference of the first presidential term. this morning, newt gingrich of all people reacted by saying the president was bullying republicans. that's a long way from saying he is weak. now he is a...